The Oklahoma Tax Commission (OTC) is preparing to implement and administer the Oklahoma Parental Choice Tax Credit Act.
The measure, known as House Bill 1934, was signed into law by Governor Kevin Stitt on May 25, 2023, and will be effective for tax year 2024.
This new legislation falls under the authority of the OTC, which is working with the Oklahoma State Department of Education to identify a list of eligible accredited private schools.
While the agency continues to work toward full implementation of HB 1934, a running list of Frequently Asked Questions has been compiled for taxpayer awareness.
The agency will have a webpage dedicated to providing more information on HB 1934 in the coming weeks.
